国际货币体系多元化与人民币汇率动态:文献综述

RMB Exchange Rate Dynamics in the Multi-currency International Monetary System:A Survey

此次国际金融危机凸显当前国际货币体系弊端,如何摆脱美元的束缚,构建债权国和债务国有效、对称责任框架之下的稳定国际货币体系,需要全球经济思维方式的根本转变。尽管美元本位因全球金融危机受到质疑,但是美元主导的世界货币格局在未来可能不会出现根本性变革。中国的国际货币战略核心不在于谋求彻底改变国际货币体系,而是如何基于自身需要提出利益诉求,有效推进人民币国际化进程,与此同时,保证国内金融体系和资产定价体系在长期内免受重大冲击。后危机时代,应为中国经济寻找新的国际增长引擎创造更为有效的汇率体制,进而使中国更积极有效地参与当前国际货币体系的治理结构改革。

International financial crises highlighted the problems of the international monetary system.The countries' asset security with large reserves is seriously threatened.To jump out of the 'dollar trap' and build effective and symmetrical responsibility between creditor and debtor countries under the framework of a stable international monetary system is imminent.Especially under flexible exchange rates,the establishment of a stable international monetary system requires a fundamental change in the way of thinking of global economy.Although the dollar standard is challenged by.the global financial crisis,the dollar-dominated world monetary system may not change fundamentally in the near future.In Postcrisis area,we should find a new engine of growth on the international dimension and create more effective exchangerate regime for China's economy,which requires China to be more actively and effectively involved in the reform of international monetary system.